Collateral Management

JPMorgan takes another step towards dismantling the traditional Futures customer account model

The UK Investment Management Association wants to talk about clearing and segregation of client assets

US Treasury Borrowing Advisory Committee, in an about face, throws support to GCF Repo Indices as benchmark for UST Floaters

Fitch publishes “Repos: A Deep Dive in the Collateral Pool”, an update to the tri-party repo market for less liquid collateral

State Street: more survey data on asset managers and collateral

Analysis: ESMA's securities lending guidelines for ETFs

Sovereigns and OTC Derivatives Clearing: the rules are a mess. We look at an excellent paper from BNYM.

Euroclear vs. Clearstream vs. Banks: whose model works best for collateral management?

Finadium: 2012 asset manager survey highlights CCPs, indemnification, collateralization for non-cleared derivatives

Another shoe drops: Basel Committee and IOSCO issue consultation paper on margin for non-cleared derivatives

Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.

Finadium: Building a Culture of Collateral Management at US Asset Managers (free via SunGard)

Finadium: Impact of Moody's Downgrades on Securities Lending, Repo and Collateral Management

Does it make sense to loosen the requirements of the Liquidity Coverage Ratio?

OMGEO nails it on collateral optimization, joins SunGard and 4Sight

Fitch: Collateral Transformation Drives Central Clearing Risks

News on Basel III, money markets, Asian banks and more

Shadow Banking not that Shadowy, says Cantor

Artfully Dodging the Liquidity Coverage Ratio in Securities Lending and Repo.

More factors to consider on the direction of collateral transformation trades

Collateral Transformation Trades for CCPs: Banks say "Sorry, we can't help you"

Bank of New York Mellon targets DTC-cleared paper in the next step in tri-party reform. This one is going to hurt.

The rise and fall of "Safe Assets"

Central Securities Depositories and the business of collateral management

Moody's Downgrade Watch: What Will the Buy-Side Do?

The coming Moody's bank downgrades: funding and collateral will feel the heat

Pro-cyclicality and repo: do regulators understand how haircuts are determined?

BofE's Tucker may turn the tri-party repo market upside-down

LCH.Clearnet to buy International Derivatives Clearing Group, putting another piece in the clearing puzzle

The CME is now accepting corporate bonds as collateral for OTC derivatives…we have some questions

The Supply of Safe Assets: the Other Side of the Equation

The IMF's Global Financial Stability Report looks at coming collateral shortages

The wickedly slippery slope of new collateral acceptance

"When Collateral is King": An Important Research Paper from Credit Suisse

Cleaning up repo-to-maturity accounting (and adding liquidity risk reporting too)

Is collateral optimization the next big thing?

The battle of the clearinghouses is on: LCH.Clearnet versus the CME

Looking at new ways to manage margin: a central depository

Bloomberg: Basel Group to Consider Fine Tuning of Draft Bank Liquidity-Rule Changes

Finadium: corporate bonds and equities gaining as high quality assets

What does Liquidity mean for repo-style transactions? An appeal to readers for help

BIS: dealers have enough collateral for initial margin on centrally cleared OTC derivatives

CCPs and Legally Separated Operationally Commingled collateral: one step forward, one step backwards

Fed says not so fast to Fitch's research saying riskier assets making a come back in repo

ECB freezes Greek bonds as collateral while ISDA may meet on CDSs: has the time finally come?

Reuters: ECB LTRO ready to close up shop

“Leverage and Asset Prices: An Experiment”: A new paper from the Federal Reserve Bank of New York

AcadiaSoft gains ground with its MarginSphere tool

From the ERC a new paper, "Haircuts and initial margins in the repo market"

Some musings about the IMN Beneficial Owners Securities Lending Conference